Hacker News new | ask | show | jobs
by cookingrobot 4525 days ago
Gambling and market speculation (and even theft) are related in that they're all 0 sum games. Every dollar you make is a dollar someone else wishes they hadn't lost. Investing is different in that when you win and earn a return, nobody feels that they lost.
2 comments
joosters 4525 days ago
How about all those people who sell shares and then see them shoot up in value? They certainly feel that they lost.
link
dragontamer 4525 days ago
Indeed.

The best example would be bonds. If you buy the California Bonds... the people of California may get a High-Speed Railroad within a year. They will not be able to accomplish the building of the High Speed Railroad without investor support.

30 years from now, the state of California will finish paying off your bonds. And you'll make some money.

Win/Win for everyone. Investors make money, and California citizens get High Speed Railroads today... instead of 30 years from now.

link